[ad_1] LONDON (Reuters) – Oil edged further above $61 a barrel on Thursday as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset concern
Daimler third-quarter operating profit up 8%, boosted by Mercedes sales
[ad_1] FRANKFURT (Reuters) – Daimler (DAIGn.DE) reported a slight rise in third-quarter operating profit on Thursday, boosted by sales of Mercedes-Benz cars, sending its shares higher, but announced cost cuts and warned legal provisions tied
India’s mobile operators face $13 billion bill after court ruling
[ad_1] NEW DELHI (Reuters) – India’s top court on Thursday upheld a demand by the country’s telecoms department that wireless carriers pay 920 billion rupees ($12.97 billion) in overdue levies and interest, sending their shares
Equinor sticks to 2019 output forecast as low gas sales hit profit
[ad_1] OSLO (Reuters) – Equinor’s (EQNR.OL) third-quarter profit fell by more than expected on Thursday after a significant decline in the volume and price of natural gas sold to Europe, although the Norwegian firm reiterated
India’s mobile operators face $13 billion in charges after court ruling
[ad_1] NEW DELHI (Reuters) – India’s top court on Thursday upheld a demand by the country’s telecoms department that wireless carriers pay 920 billion rupees ($12.97 billion) in overdue levies and interest, sending their shares
Nissan explores sale of European plants amid falling sales: Bloomberg
[ad_1] FILE PHOTO: A badge is seen on the new Juke car at Nissan’s car plant in Sunderland Britain, October 10, 2019. REUTERS/Phil Noble (Reuters) – Nissan Motor Co Ltd (7201.T) is considering selling two
Maruti Suzuki India quarterly profit falls as car sales slump
[ad_1] BENGALURU (Reuters) – Maruti Suzuki India Ltd said on Thursday its net profit fell over 39% in the second quarter from a year earlier, amid a sluggish economy that has hit demand across sectors.
Nokia slashes profit outlook in fight for 5G business
[ad_1] HELSINKI (Reuters) – Finland’s Nokia (NOKIA.HE) slashed its 2019 and 2020 profit outlook on Thursday, saying profits would come under pressure as the company spends more to fend off rivals in the fast-growing 5G
Oil prices ease as weak demand outlook weighs on market
[ad_1] SINGAPORE (Reuters) – Oil prices slipped on Thursday amid persistent concerns about a weak demand outlook, after posting sharp gains in the previous session following a surprise crude inventory drawdown in the United States.
Daimler third-quarter operating profit down 8% on weaker car and truck sales
[ad_1] FILE PHOTO: An employee of German car manufacturer Mercedes Benz prepares the company’s logo prior to its installation at the A-class production line at the Daimler factory in Rastatt, Germany, February 4, 2019. REUTERS/Kai